Hopefully EMH is going to 'stick around' at various levels to consolidate, no point rising to just experience a 'fall off the cliff' to end in the same starting point as before. The way that EMH rose today will likely retrace back to where it started as it has done so on no news and has not created lasting support.
Current support is $23k in buy orders, this is all that stands to where EMH started this morning (.310) and where it has risen to right now, this is nothing at all. This will be sold into and closed out at the same level as this morning, for what it is worth if I wanted to, I could release my buy position from this morning (.310) and wipe most of that right now.
I am echoing my initial position as well as @tsibis that this will be sold into as there is no support, momentum trading rise on small volume.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)